OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

University of Maine at Farmington Financial Aid and Scholarships 2022

Located in Farmington, ME, University of Maine at Farmington is a public university. In 1864, University of Maine at Farmington was founded. Notably, the official colors of the university are maroon and white. Out of total 2,000 students enrolled at UMF, 1,674 belong to undergraduate courses while 256 are postgraduate students. To teach various courses to the students, the school has employed a total of 181 faculty. At University of Maine at Farmington, around 95% of the students are 24 and u

University of Maine at Farmington Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$11.495M

Financial Aid Official Website

merrillcenter.umf.maine.edu/financial-aid/

It is interesting to note that, every year, around 97% of students at UMF receive some kind of financial aid, while the total amount of assistance/loans provided is $7,555,552. One can visit UMF's financial aid page at http://merrillcenter.umf.maine.edu/financial-aid/ for more information. The total percentage of candidates applying to University of Maine at Farmington who receive the Federal Grant is 53%. In comparison, 94% of the students are awarded the Student Grant, 90% get the Institution Grant, and 53% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,462, the State Grant receivers and Institution Grant beneficiaries get $2,227 and $4,023, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,477. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At UMF, an estimated number of 80% of the applicants choose to go for student loans.

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